SCHD vs SPTE
Schwab US Dividend Equity ETF vs SP Funds S&P Global Technology ETF
Quick Verdict
SCHD has a lower expense ratio. SPTE delivered stronger 1-year returns. SPTE offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | SCHD | SPTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.55% | |
| AUM | $103.7B | $210M | |
| Dividend Yield | 3.31% | 0.70% | |
| Holdings | 104 | 102 | |
| YTD Return | +25.62% | +33.10% | |
| 1Y Return | +32.62% | +49.93% | |
| 3Y Return (annualized) | +15.58% | - | |
| 5Y Return (annualized) | +9.63% | - | |
| Volatility (annualized) | 13.6% | 22.3% | |
| Max Drawdown | -33.4% | -25.6% | |
| Fund Family | Charles Schwab Asset Management | SP Funds | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Nov 30, 2023 |
SCHD vs SPTE Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and SP Funds S&P Global Technology ETF (SPTE) is a ETF from SP Funds. Over the past year SCHD returned +32.62% while SPTE returned +49.93%. Year to date, SCHD is up 25.62% versus a gain of 33.10% for SPTE.
Risk: Volatility and Drawdowns
SPTE has been the more volatile fund, with annualized monthly volatility of 22.3% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -25.6% for SPTE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.11. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPTE charges 0.55%. On a $10,000 position that is $6 vs $55 annually, a gap of $49 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.70% for SPTE.
Holdings Overlap
SCHD and SPTE share 4 holdings out of 199 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or SPTE?
SCHD has an expense ratio of 0.06% while SPTE charges 0.55%. SCHD is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, SCHD or SPTE?
Over the past year SCHD returned +32.62% vs +49.93% for SPTE, so SPTE leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.47% vs +38.17% for SPTE. Past performance does not guarantee future results.
Which is riskier, SCHD or SPTE?
SPTE has been the more volatile fund at 22.3% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SPTE -25.6%.
Should I hold both SCHD and SPTE?
SCHD and SPTE have a monthly-return correlation of 0.11, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SPTE?
SCHD and SPTE share 4 common holdings with a 1.4% weight overlap. Combined, they hold 199 unique securities.
Which pays a higher dividend, SCHD or SPTE?
SCHD yields 3.31% while SPTE yields 0.70%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.